Revenues jumped 31.7% at Builders FirstSource, the Dallas-based pro dealer, which posted net sales of $279.1 million for the second quarter of 2012, up from sales of $206.4 million in the same quarter of 2011. Net loss for the quarter, which ended June 30, was $12 million, compared with $15.4 million in 2011.
Sales from lumber and sheet goods showed the greatest gains during the quarter at 32.4%, followed by windows and doors at 21.8%. Prefabricated components rose by 18.8% and millwork by 9.7%. Most of the growth in sales was from an increase in sales volume, according to the company.
CEO Floyd Sherman said in a prepared statement: “Our topline growth far exceeded the increase in residential construction activity, and we met our primary goal for the quarter of getting back to positive EBITDA.”
Sherman added, “The broad-based housing recovery that began in the latter half of 2011 continues, though moderately paced. At the same time, however, we are seeing meaningful improvements in our financial res